Brief Principles of Macroeconomics (8th Edition)

Chapter 3

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The long-run growth rate of real Gross Domestic ... more

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The four determinants of a country's productivity ... more

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The three ways in which the policymakers can raise... more

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The average income calculated by real GDP per ... more

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Real GDP per person of rich countries are more ... more

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Due to a greater use of technology, the use of ... more

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Higher saving and investment lead to a higher ... more

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The GNP of country U will rise because inflow of ... more

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Mr. M believed that an increase in population ... more

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The level of the nation's Gross Domestic Product (... more

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The four determinants of a country's productivity ... more

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A college degree is a form of capital because the ... more

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Higher saving means lower consumption and higher ... more

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A higher rate of savings would lead to higher ... more

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Removal of trade restrictions acts like an ... more

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The higher rate of population growth implies less ... more

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Country U has the patent system, provides research... more

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The fact that the countries import goods and ... more

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A current reduction in the consumption of goods ... more

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More educational opportunities for women could ... more

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The gross domestic product (GDP) of is defined as ... more

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Peace can lead to better economic growth because ... more

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